Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 113500
per

Your estimated
City
free-cash

Madrid , Spain
₽24590
₽42243
₽28316
₽34928
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
113 500
pensions
-
-
-
25 455
accident
-
-
-
810
unemployment
-
-
-
630
other
-
-
-
90
income
-
-
-
24 093
total
-
-
-
51 078
Employee
46 869
-
86 065
-
unemployment
726
-
1 333
-
pensions
2 203
-
4 044
-
other
46
-
87
-
income
9 789
-
21 905
-
total
12 764
-
27 369
-
Employer
46 869
-
86 065
-
pensions
11 061
-
20 311
-
other
376
-
687
-
unemployment
2 578
-
4 733
-
accident
928
-
1 704
-
total
14 943
-
27 435
-
Corporate
51 688
113 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

7 753
17 024
-
-
total
7 753
17 024
-
-
Dividends
43 935
96 476
-
-
withholding
9 006
20 127
-
-
total
9 006
20 127
-
-
Income
113 500
113 500
113 500
113 500
Total tax
44 466
37 151
54 804
51 078
After tax
69 034
76 349
58 696
62 422
Living cost
34 106
34 106
34 106
34 106
Free-cash
34 928
42 243
24 590
28 316

Estimated living cost  is ₽34106 per week

₽24494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Madrid model

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Estimated living cost

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